Baker Hughes reports a significant drop in U.S. rig count due to tariff-fueled energy market turmoil, with Texas seeing the ...

April 11 (Reuters) - U.S. energy firms this week cut oil rigs by the most in a week since June 2023, lowering the total oil and natural gas rig count for a third consecutive week, energy services ...

Nabors Drilling Technologies and Corva AI will use the RigCloud platform to provide real-time insights to crews directly at drilling sites, the companies said.

“The introduction of advanced rigs with AI-enabled technologies will enhance efficiency and bolster … [ADNOC Drilling’s] oilfield services (OFS) segment, delivering greater value to ...

according to the weekly data released by Houston-based oilfield services company Baker Hughes on Friday. These active drilling rigs included 489 oil rigs operating in U.S. oil fields, up by five ...

Canada dropped 19 rigs for the week ended Mar. 21, according to Baker Hughes data. Canada dropped 19 rigs for the week ended Mar. 21, according to Baker Hughes data. With 180 rigs running ...

The number of active rigs drilling for oil and gas in the U.S. fell for a second consecutive week, shedding 2 to 590, Baker Hughes said Friday in its latest report. The decline reduces the total ...

Modec said it has signed a purchase and sales agreement with Shell, and a 20-year contract for the operations and maintenance, of the FPSO for the Gato do Mato oilfield, offshore Brazil.

Anticipated Growth in the rig and oilfield mats market Projected to reach a market value of USD 1.79 billion by 2024, the rig and oilfield mat sector is poised for a steady ascent. Analysts at Future ...

Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 11, 2024 1 Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as ...